xxiv, 860 pages : 24 cm

Historical developments of the last century are explained in terms of monetary theory

Includes bibliographical references includes indexes

The Greenback Period -- The role of gold -- Silver politics and the secular decline in prices, 1879-97 -- The politics of silver -- Gold Inflation and Banking Reform, 1897-1914 -- Early years of the Federal Reserve System, 1914-21 -- Development of monetary policy -- The Great Contraction, 1929-33 -- The Stock Market Crash, October 1929 -- The Banking Panic of 1933 -- Bank failures -- New Deal changes in the banking structure and monetary standard -- World War II inflation, September 1939-August 1948

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